Industry (including construction), value added in Latin America & Caribbean
Latin America & Caribbean: Industry (including construction), value added was 1.67 trillion constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Latin America & Caribbean, 1965–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Latin America & Caribbean is 1.67 trillion constant 2015 US$, measured in 2025. That is the highest value across all 61 years on record.
The figure is up 1.2% on the previous year and up 6.0% over ten years.
Over the whole period, industry (including construction), value added in Latin America & Caribbean peaked at 1.67 trillion constant 2015 US$ in 2025 and was at its lowest, 320.89 billion constant 2015 US$, in 1965.
Latin America & Caribbean ranks 16th of 43 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Industry (including construction), value added in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1965 | 320.89 billion constant 2015 US$ | — |
| 1966 | 342.94 billion constant 2015 US$ | +6.9% |
| 1967 | 360.70 billion constant 2015 US$ | +5.2% |
| 1968 | 392.17 billion constant 2015 US$ | +8.7% |
| 1969 | 426.00 billion constant 2015 US$ | +8.6% |
| 1970 | 456.00 billion constant 2015 US$ | +7.0% |
| 1971 | 485.67 billion constant 2015 US$ | +6.5% |
| 1972 | 526.64 billion constant 2015 US$ | +8.4% |
| 1973 | 575.03 billion constant 2015 US$ | +9.2% |
| 1974 | 613.63 billion constant 2015 US$ | +6.7% |
| 1975 | 626.63 billion constant 2015 US$ | +2.1% |
| 1976 | 666.97 billion constant 2015 US$ | +6.4% |
| 1977 | 692.95 billion constant 2015 US$ | +3.9% |
| 1978 | 727.26 billion constant 2015 US$ | +5.0% |
| 1979 | 782.54 billion constant 2015 US$ | +7.6% |
| 1980 | 828.32 billion constant 2015 US$ | +5.9% |
| 1981 | 824.60 billion constant 2015 US$ | -0.4% |
| 1982 | 811.72 billion constant 2015 US$ | -1.6% |
| 1983 | 770.00 billion constant 2015 US$ | -5.1% |
| 1984 | 804.92 billion constant 2015 US$ | +4.5% |
| 1985 | 831.22 billion constant 2015 US$ | +3.3% |
| 1986 | 862.15 billion constant 2015 US$ | +3.7% |
| 1987 | 884.57 billion constant 2015 US$ | +2.6% |
| 1988 | 882.71 billion constant 2015 US$ | -0.2% |
| 1989 | 897.89 billion constant 2015 US$ | +1.7% |
| 1990 | 887.07 billion constant 2015 US$ | -1.2% |
| 1991 | 908.98 billion constant 2015 US$ | +2.5% |
| 1992 | 921.37 billion constant 2015 US$ | +1.4% |
| 1993 | 955.21 billion constant 2015 US$ | +3.7% |
| 1994 | 1.01 trillion constant 2015 US$ | +5.5% |
| 1995 | 990.97 billion constant 2015 US$ | -1.7% |
| 1996 | 1.04 trillion constant 2015 US$ | +5.0% |
| 1997 | 1.11 trillion constant 2015 US$ | +6.3% |
| 1998 | 1.13 trillion constant 2015 US$ | +2.3% |
| 1999 | 1.12 trillion constant 2015 US$ | -1.1% |
| 2000 | 1.16 trillion constant 2015 US$ | +3.6% |
| 2001 | 1.14 trillion constant 2015 US$ | -1.3% |
| 2002 | 1.14 trillion constant 2015 US$ | -0.0% |
| 2003 | 1.17 trillion constant 2015 US$ | +2.6% |
| 2004 | 1.25 trillion constant 2015 US$ | +6.1% |
| 2005 | 1.29 trillion constant 2015 US$ | +3.3% |
| 2006 | 1.35 trillion constant 2015 US$ | +4.8% |
| 2007 | 1.40 trillion constant 2015 US$ | +4.0% |
| 2008 | 1.43 trillion constant 2015 US$ | +2.3% |
| 2009 | 1.36 trillion constant 2015 US$ | -4.9% |
| 2010 | 1.45 trillion constant 2015 US$ | +6.5% |
| 2011 | 1.51 trillion constant 2015 US$ | +4.2% |
| 2012 | 1.54 trillion constant 2015 US$ | +1.6% |
| 2013 | 1.57 trillion constant 2015 US$ | +2.0% |
| 2014 | 1.58 trillion constant 2015 US$ | +0.7% |
| 2015 | 1.57 trillion constant 2015 US$ | -0.3% |
| 2016 | 1.55 trillion constant 2015 US$ | -1.3% |
| 2017 | 1.56 trillion constant 2015 US$ | +0.6% |
| 2018 | 1.57 trillion constant 2015 US$ | +0.6% |
| 2019 | 1.55 trillion constant 2015 US$ | -1.2% |
| 2020 | 1.44 trillion constant 2015 US$ | -7.6% |
| 2021 | 1.55 trillion constant 2015 US$ | +7.8% |
| 2022 | 1.60 trillion constant 2015 US$ | +3.6% |
| 2023 | 1.63 trillion constant 2015 US$ | +1.9% |
| 2024 | 1.65 trillion constant 2015 US$ | +0.9% |
| 2025 | 1.67 trillion constant 2015 US$ | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 368.54 billion constant 2015 US$ | 320.89 billion constant 2015 US$ | 426.00 billion constant 2015 US$ | 5 |
| 1970s | 615.33 billion constant 2015 US$ | 456.00 billion constant 2015 US$ | 782.54 billion constant 2015 US$ | 10 |
| 1980s | 839.81 billion constant 2015 US$ | 770.00 billion constant 2015 US$ | 897.89 billion constant 2015 US$ | 10 |
| 1990s | 1.01 trillion constant 2015 US$ | 887.07 billion constant 2015 US$ | 1.13 trillion constant 2015 US$ | 10 |
| 2000s | 1.27 trillion constant 2015 US$ | 1.14 trillion constant 2015 US$ | 1.43 trillion constant 2015 US$ | 10 |
| 2010s | 1.55 trillion constant 2015 US$ | 1.45 trillion constant 2015 US$ | 1.58 trillion constant 2015 US$ | 10 |
| 2020s | 1.59 trillion constant 2015 US$ | 1.44 trillion constant 2015 US$ | 1.67 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 13 Australia 367.23 billion constant 2015 US$ compare
- 14 Brazil 364.64 billion constant 2015 US$ compare
- 15 Saudi Arabia 335.20 billion constant 2015 US$ compare
- 16 Turkey 330.83 billion constant 2015 US$ compare
- 17 Spain 270.61 billion constant 2015 US$ compare
- 18 Ireland 240.49 billion constant 2015 US$ compare
- 19 Switzerland 232.65 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- Manufacturing, value added 17.1% (2025)
- Imports of goods and services 26.4% (2025)
- External balance on goods and services -0.3% (2025)
- Trade 49.1% (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Trade in services 8.7% (2025)
- Manufacturing, value added 1.26 trillion current US$ (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Services, value added 4.37 trillion constant 2015 US$ (2025)
- Services, value added 5.04 trillion current US$ (2025)
Frequently asked questions
- What is industry (including construction), value added in Latin America & Caribbean?
- Industry (including construction), value added in Latin America & Caribbean was 1.67 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Latin America & Caribbean?
- The highest recorded value was 1.67 trillion constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Latin America & Caribbean?
- The lowest recorded value was 320.89 billion constant 2015 US$ in 1965.
- How does Latin America & Caribbean rank for industry (including construction), value added?
- Latin America & Caribbean ranks 16th out of 43 groups with data for 2025.
- Is industry (including construction), value added rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.